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Mary Jane
This is Mary Jane, 42, resident of Coron, Palawan, Philippines. She is married to Ricky, a tour guide, and is a mother. She and her husband manage their own household while operating the business. At this time, she is working hard to continually provide income for their everyday expenses.

Mary Jane is a dried fish vendor. She buys different kinds of dried fish from her suppliers and then sells it in the market. Her store is located in a temporary fish market. Her regular customers are her neighbors and the local community, and she earns a minimum of PHP 1,000 in sales every day.

To help her continue operations of her business, she is requesting a PHP 30,000 loan. She will be utilizing the loan to buy more dried fish to sell. Mary Jane dreams that her business will grow bigger and hopes to give her children a good life and education.

She meets up with her co-fellowship members* every week to share stories of her work and to draw strength and inspiration from studying the Word of God.

* All CCT community partners/clients are organized into fellowship groups that meet on a weekly basis. A fellowship group is composed of 15 to 30 community partners. The fellowship groups gather each week to study the Word of God, build social capital and pay back microfinance loans.

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>

About the Center for Community Transformation

The Center for Community Transformation (CCT) is dedicated to the development of communities and lives via spiritual transformation and access to financial services. CCT offers loan products to address the needs of micro-entrepreneurs in the Philippines. The organization’s loan products include small business, education, and housing loans. CCT utilizes a community-based approach to provide a variety of non-financial services that include training and development programs, clinics, disaster relief operations, a low-cost medicine program, and social service programs. CCT offers a unique “Pavement Dweller” program designed to provide food, housing, and job training. CCT also provides education support services to the poorest groups in the Philippines. Find more information about CCT on their website or join their lending team.

Tags

About Philippines

  • $1175
    Average annual income
  • 957
    View loans »
    Philippines Loans Fundraising
  • $54,434,500
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Mary Jane to pay for more dried fish needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
May 5, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014